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mcconnell say that he would not support raising tax rates at all. mr. boehner has said similar things. the administration seems to be open to perhaps tax rates not going up quite as much as they initially proposed but they're still absolutely insistent on those tax rate increases of some size. there's a lot that has to come together in a short period of time in order to get a deal. it's not impossible. but i think the risk of at least temporarily going over this cliff is significant. >> so, zanny minton-beddoughs says it's not a cliff. it's like a blue slope on a ski slope. christine says it's a cliff like a black diamond. >> big black diamond. >> other people have said it's a gentle slope like a sunny day slope down the hill. what is it, do you think? >> the problem is we're going to start going downhill and not know exactly whether it's a blue slope or a double diamond. you don't know exactly what's ahead of you, because we don't know how quickly a deal will come together. that's the problem. if on january 2nd the leadership of the congress and the pr
mcconnell say that he would not support raising tax rates at all. mr. boehner has said similar things. the administration seems to be open to perhaps tax rates not going up quite as much as they initially proposed but they're still absolutely insistent on those tax rate increases of some size. there's a lot that has to come together in a short period of time in order to get a deal. it's not impossible. but i think the risk of at least temporarily going over this cliff is significant. >>...
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the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more revenue. the government spends too much as it is. if democrats are willing to reduce spending and strengthen entitlement programs, which we all know are on an unsustainable path that threatens our own long-term viability and the economic well-being of our children and grandchildren, then we'll be there. what we won't do is raise tax rates. >> okay. so read the fine print. raise tax rates. now, there's a difference between raising tax rates and raising revenue, making people pay more by doing things which the republicans have suggested like, you know, capping loopholes or capping deductions, reducing deductions and that type of thing. so there is some type of room. right now, you know, you do have the sides going in a pretty hard position. >> the president's also under some pressure from his left flank. in the debt ceiling negotiations, a lot of people forget he seemed willing to tr
the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more revenue. the government spends too much as it is. if democrats are willing to reduce spending and strengthen entitlement programs, which we all know are on an unsustainable path that threatens our own long-term viability and the economic well-being of our children and grandchildren, then we'll be there. what we won't do is...
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>>. >> i think senator mcconnell needs to take another look at the report. i severed on that commission. a reduction of $4 trillion came from revenue. it was in the range of $1.6 trillion. >> you talk about 1.6 trillion. there's ways to get there in ways that don't necessarily raise tax rates. you could cap deductions at $35,000 and have the estate tax go back to where it was and get $1.3 million. i'm simply making the point there's a loft ways to get there that don't involve raising tax rates. is that a compromise you'd ever consider? >> you're right, but i think what the president's trying to say is is let's protect working families. those making less than $250,000 a year. no tax increase for them. those making over that amount should pay more in taxes and i think if they've been blessed with success in this great nation, it's not too high a price to ask. we believe this needs to be part of it. it isn't the only part, but an important part is that we have revenue from those who can afford to pay. we can do it either through the rates or deductions in the c
>>. >> i think senator mcconnell needs to take another look at the report. i severed on that commission. a reduction of $4 trillion came from revenue. it was in the range of $1.6 trillion. >> you talk about 1.6 trillion. there's ways to get there in ways that don't necessarily raise tax rates. you could cap deductions at $35,000 and have the estate tax go back to where it was and get $1.3 million. i'm simply making the point there's a loft ways to get there that don't involve...
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>> you always ask that question except to mitch mcconnell. >> oh, mitch mcconnell, the senate minority leader is 70 years old. nancy pelosi is 72. in the world of politics, age is kind of a skewed concept. average age of members of the house is 56. and of senators it's 62. i mean, paul ryan is thought of as a young gun. he's 42. that's eight years shy of being a card-carrying member of the aarp. ronald reagan was 69 when he first ran for president. many worried he was too old for the job until his famous quip during a debate. >> i will not make age an issue of this campaign. i am not going to exploit, for political purposes, my opponent's youth and inexperience. >> yes, reagan used age to his advantage. but seriously, how old is too old? remember senator strom thurman who commuted from walter reed to the capitol at the age of 100? his aides had to vote for him. of course, this argument isn't limited to the world of politics. ageism rages in the role world, too. how often have you heard those under 30 grumbling about those old guys sucking up all the jobs? so the talk back question of t
>> you always ask that question except to mitch mcconnell. >> oh, mitch mcconnell, the senate minority leader is 70 years old. nancy pelosi is 72. in the world of politics, age is kind of a skewed concept. average age of members of the house is 56. and of senators it's 62. i mean, paul ryan is thought of as a young gun. he's 42. that's eight years shy of being a card-carrying member of the aarp. ronald reagan was 69 when he first ran for president. many worried he was too old for...
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>> and mitch mcconnell -- >> and mitch mcconnell by the way. right. >> the president is in a different position now. re-elected by a pretty impressive margin than he was the last time he tried to forge a deal that collapsed. >> right. that was the debt ceiling. he had a real problem with that with the grand bargain. he also had after the 2010 midterms when he had a lame duck session of congress and he had to give on keeping the tax cuts for the wealthy. this is a president right now who believes he's got some leverage. he got re-elected. and these are republicans who are trying to figure out just who they are andy ds sun the president's press conference earlier this week, he's somebody who studied the flaws of a e d i make some progress without overreaching. it's very clear they're worried at the white house about doing some overreach here. if he can get a fiscal deal done, that will be very, very important for his legacy in the long-term. and he knows it. >> are the republicans operating from the same game plan? >> no. i think they're not. i m
>> and mitch mcconnell -- >> and mitch mcconnell by the way. right. >> the president is in a different position now. re-elected by a pretty impressive margin than he was the last time he tried to forge a deal that collapsed. >> right. that was the debt ceiling. he had a real problem with that with the grand bargain. he also had after the 2010 midterms when he had a lame duck session of congress and he had to give on keeping the tax cuts for the wealthy. this is a...
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. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the board spending cuts may be the only way we can get democrats to cut the budget. >> some out there in the financial markets they say look we need to cut four times more than the president is proposing under his $4 trillion plan. i'm curious your take why the president has been silent. i guess this is strategic. boehner gave an interview a press conference. he's giving a press conference tomorrow. earlier cnn was told the president won't say anything but tonight we heard he'll make a statement tomorrow. >> the election was two days ago. today is thursday. he'll make a statement tomorrow. markets are volati
. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the...
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and then the house minority leader or rather the minority leader mitch mcconnell also suggesting that this was a constructive meeting and that we are prepared to put revenue on the table. they just emerged from the meeting. looked like they were going right back in. maybe they were going to have lunch. i don't know. they sure deserve it if they're able to come to rhetoric like that any any case. take to you break for a moment and hopefully i can scramble up wolf blitzer. given the fact we're so busy with breaking news he is probably busy as well. [ knock on door ] cool. you found it. wow. nice place. yeah. [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna track them online, too. nice. between those boxes and this place, i'm totally staying sane this year. do i smell snickerdoodles? maybe. [ timer dings ] got to go. priority mail flat rate boxes. online pricing starts at $5.15. only from the postal service. >>> a thundero
and then the house minority leader or rather the minority leader mitch mcconnell also suggesting that this was a constructive meeting and that we are prepared to put revenue on the table. they just emerged from the meeting. looked like they were going right back in. maybe they were going to have lunch. i don't know. they sure deserve it if they're able to come to rhetoric like that any any case. take to you break for a moment and hopefully i can scramble up wolf blitzer. given the fact we're so...
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. >> the problem as mitch mcconnell sees it is spending. that's on entitlements like medicare, obviously republicans would like to see more in the way of spending cuts, democrats are more to favor tax increases, the likely outcome of all of this is going to be a little bit of each, but the white house acknowledging jay carney, the white house press secretary in a statement, don, there are differences, but they can work through them and the real question i think now is how close are they going to cut it? are they going to take it to the very edge. we heard from harry reid, he said they won't wait until the last day of september, and house minority leader nancy pelosi said the goal is to get it done before christmas. we should be so lucky. >> we should be so lucky. holidays are coming up. it is a beautiful back grdrop b you look a little chilly. >> it is a little cold. >> brianna keilar, thank you. >>> what do fiscal cliff talks mean for your money? for your 401(k)? wall street investors might get nervous if talks aren't wrapped up quickly. i
. >> the problem as mitch mcconnell sees it is spending. that's on entitlements like medicare, obviously republicans would like to see more in the way of spending cuts, democrats are more to favor tax increases, the likely outcome of all of this is going to be a little bit of each, but the white house acknowledging jay carney, the white house press secretary in a statement, don, there are differences, but they can work through them and the real question i think now is how close are they...
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. >> on brightbart.com, mitch mcconnell piled on. i know some people out there think tuesday's results mean republicans in washington are now going to roll over and agree to democrat demands that we hike taxes before the end of the year. i'm here to tell them that there is no truth to that notion whatsoever, end quote. president obama campaigned on raising taxes of the wealthiest americans. his favorite line, we must all pay or faur shair share, even t taxing the wealthy won't solve the debt crisis. what does this all mean? we take our cue from "the prois price is right." that's right. because of this tire d argument we could fall off the much talked about fiscal cliff. we're waiting. cop on, mr. yodeler. we should have started this sooner. you get the picture. talk back today, should obama or republicans blink on taxes? facebook.com/carolcnn. facebook.com/carolcnn. your responses later this hour. >>> the ballots in florida not all counted yet. some of the races are coming down to the wire. will this act of florida's election history
. >> on brightbart.com, mitch mcconnell piled on. i know some people out there think tuesday's results mean republicans in washington are now going to roll over and agree to democrat demands that we hike taxes before the end of the year. i'm here to tell them that there is no truth to that notion whatsoever, end quote. president obama campaigned on raising taxes of the wealthiest americans. his favorite line, we must all pay or faur shair share, even t taxing the wealthy won't solve the...
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republicans but democrats as well, the president reaching out to speaker boehner by phone and mitch mcconnell in the senate and to democratic leadership. the president telling them that he is committed to finding a bipartisan solution to some of the tough problems, such as cutting taxes for middle class americans, creating jobs. what's unclear at this point is what else will the president do beyond making phone calls? will he be invoighting the leadership here to the wit house? will they be having retreats elsewhere? what is cloer is already up on capitol hill the loweredship is talking about getting things done. >> by working together and creating a fairer, simpler, cleaner tax code we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines any lines in the sand. he isn't going to draw any lines in the sand, i don't believe. we need to work together. >> the president said he believes the message that the americans sent in the election is that they want members of con
republicans but democrats as well, the president reaching out to speaker boehner by phone and mitch mcconnell in the senate and to democratic leadership. the president telling them that he is committed to finding a bipartisan solution to some of the tough problems, such as cutting taxes for middle class americans, creating jobs. what's unclear at this point is what else will the president do beyond making phone calls? will he be invoighting the leadership here to the wit house? will they be...
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mcconnell, is to advance the common good. to sit down, to bring to the table all of these issues that we have to face both foreign policy and domestic policy and to advance the common good. i think that's what president obama should do. president bush won i believe -- eric can correct me -- with 284 votes in 2004 and determined he had political capital. the american people right now are more interested in the president, members of congress and others sitting down to advance the common good. >> let me go to ari to weigh-in on that. go ahead, ari, what do you think? >> well, let's look back a little bit. partly let's learn from mistakes. if you remember obama care and on cap and trade or what republicans refer to as tax and trade, those proposals from the president were so polarizing he was deserted by many in his own party. cap and trade became so lethal that they couldn't even get democrats in the senate to take it up. i think the trick to be successful now that we have a republican house, democrat senate and a country hungry
mcconnell, is to advance the common good. to sit down, to bring to the table all of these issues that we have to face both foreign policy and domestic policy and to advance the common good. i think that's what president obama should do. president bush won i believe -- eric can correct me -- with 284 votes in 2004 and determined he had political capital. the american people right now are more interested in the president, members of congress and others sitting down to advance the common good....
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. >> mcconnell suggested republicans might be willing to consider increasing revenues if democrats cut spending and reign-in entitlement programs. here's a presidential perk that you might not have heard of. sneak previews? president obama will be screening the new steven spielberg movie "lincoln" at the white house this afternoon. he'll be joined by the cast and crew. the movie's set to release tomorrow follows our 16th president abraham lincoln in the waning days of the civil war. but some critics are saying hollywood and history aren't on the same page. cnn entertainment correspondent kareen wynter has more. >> this fight is for the united states of america. >> reporter: steven spielberg's "lincoln" offers a window back in time to the weeks preceding the end of the civil war and passage of the 13th amendment abolishing slavery. >> congress must never declare equal those god created unequal. >> reporter: for some critics the movie's limited snapshot of aim han lincoln's presidency paints an incomplete picture of history. >> as cinema, it's very, very good. as history, i'm a historian
. >> mcconnell suggested republicans might be willing to consider increasing revenues if democrats cut spending and reign-in entitlement programs. here's a presidential perk that you might not have heard of. sneak previews? president obama will be screening the new steven spielberg movie "lincoln" at the white house this afternoon. he'll be joined by the cast and crew. the movie's set to release tomorrow follows our 16th president abraham lincoln in the waning days of the civil...
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senate majority leader harry reid and senator minority leader mitch mcconnell and nancy pelosi not surprising here. what's the expectation? >> well, you know, we'll see. publicly, suzanne, there has been a much more consillatory tone that we've seen since the election, whether it's from the president or the house speaker john boehner, but i can tell you in talking to sources privately on both sides of the aisle, they admit that it's all about positioning and posturing to make sure at the end of the day if we do go off the fiscal cliff that they're not blamed for it. they're the ones who looked reasonable, not unreasonable, and they're preparing for the other side to blame them for the opposite, if that makes sense. that's a lot of what you are saying in public. the reality is that neither side has a really clear machine date or clear vote and no one wants to look at the end of the day like they never gave compromise a chance. listen to republican bob corker, though, because there does seem to be a little bit of a crack on the republican side on whether or not it's okay to raise some taxes. >>
senate majority leader harry reid and senator minority leader mitch mcconnell and nancy pelosi not surprising here. what's the expectation? >> well, you know, we'll see. publicly, suzanne, there has been a much more consillatory tone that we've seen since the election, whether it's from the president or the house speaker john boehner, but i can tell you in talking to sources privately on both sides of the aisle, they admit that it's all about positioning and posturing to make sure at the...
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it is not surprising, harry reid, mitch mcconnell, house speaker john boehner and house minority leader nancy pelosi. >>> the husband of gabrielle giffords says their long-term plan is to move forward and try not to look back at the day that giffords was shot. on january 8, 2011, loughner opened fire at a rally for gabrielle giffords. he shot her in the head at point-blank range. 12 others were wounded and six killed. yesterday a judge sentenced loughner to life in prison without the possible of parole. gabrielle giffords sat through the sentencing with her husband mark kelly by her side. kelly talked to our piers morgan about what it was like to be in that courtroom. >> it was certainly a little stressful. it was tense. especially when he walked in the room. when he responded to the judge. after a while i got to settle down a bit but just sitting there for all of the other victim impact statements is really a tough thing. you know, gabby said afterwards for her the biggest emotion was just sadness to hear story after story of what the impact of this horrible day had on people. it was r
it is not surprising, harry reid, mitch mcconnell, house speaker john boehner and house minority leader nancy pelosi. >>> the husband of gabrielle giffords says their long-term plan is to move forward and try not to look back at the day that giffords was shot. on january 8, 2011, loughner opened fire at a rally for gabrielle giffords. he shot her in the head at point-blank range. 12 others were wounded and six killed. yesterday a judge sentenced loughner to life in prison without the...
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. >> and the real problem, as mitch mcconnell sees it, the senate minority leader sees it, suzanne, is spending. he said, you know, but his folks still believe that this is a spending problem and overspending problem and not an under taxing problem. we heard from speaker john boehner. he said that revenue is on the table. the issue here is that president obama has said he wants to increase tax rates on wealthy americans. the speaker and house republicans are still not on board with increasing tax rates, although perhaps closing some loopholes to raise some revenue, and even though there's a lot of kind of kumbaya going on here, suzanne, there's still a lot of tough work that needs to be done. they're still maybe punting on some of the important issues like tax reform and entitlement reform, but they'll be dealing with the fiscal cliff here in the near term. >> it's probably difficult to tell, but we see these pictures, and it's very common, right? you get about 30 seconds to see them all in a room together. they're patting each other on the back, smiling, and shaking hands, that kind o
. >> and the real problem, as mitch mcconnell sees it, the senate minority leader sees it, suzanne, is spending. he said, you know, but his folks still believe that this is a spending problem and overspending problem and not an under taxing problem. we heard from speaker john boehner. he said that revenue is on the table. the issue here is that president obama has said he wants to increase tax rates on wealthy americans. the speaker and house republicans are still not on board with...
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we saw him already reach out by phone to john boehner, to mitch mcconnell, also to leadership in the democratic party. so we'll see if this promise of bipartisanship will last beyond just a couple of days. >> dan lothian for us this morning. thank you, dan. let's get right to john berman with a lack at some of the other stories making news today. good morning. >> good morning, soledad. cnn is projecting that ann kirkpatrick will return to congress. she barely beat republican challenger, jonathan payton. yet several house races are still up for grabs across the country this morning. in palm springs, california, republican mary bono mack, she's not giving up. she trailed democrat raul luis with all precincts reporting, but she says a large number of ballots have yet to be reported. mack's husband, connie mack, lost his bid in florida to bill nelson. in another tight race, alan west is not conceding defeat. he's demanding a partial recount in his re-election bid against democratic challenger patrick murphy. right now murphy has a very slim lead of less than 2,100 votes, but that's sligh
we saw him already reach out by phone to john boehner, to mitch mcconnell, also to leadership in the democratic party. so we'll see if this promise of bipartisanship will last beyond just a couple of days. >> dan lothian for us this morning. thank you, dan. let's get right to john berman with a lack at some of the other stories making news today. good morning. >> good morning, soledad. cnn is projecting that ann kirkpatrick will return to congress. she barely beat republican...
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go to john boehner, go to mitch mcconnell and say let's promote these policies that help poor people that help the middle class that promote jobs. that's what the president's been trying to do. that's what he's calling for in saying that the wealthy should pay their fair share. it'd be nice of some of these moderate thinkers or new thinkers like jindal actually held the republicans who are in power to task a little more instead of kicking the last guy down the road. >> you tweeted this, ana navarro, livid at romney saying obama won because offered minorities "gifts." as if he didn't alienate hispanics enough wliel running. look in mirror, mitt. >> i'm very upset about the comments mitt romney made. it shows him having sour grapes. that's not a great exit for a man who just lost. you need to look at yourself, the campaign. go and look at the film. how did you run your campaign towards hispanic, african-americans? are you satisfied with what you did? does it correlate with the amount you got? also, it's frankly offensive. i can tell you as a hispanic republican, i find those comments o
go to john boehner, go to mitch mcconnell and say let's promote these policies that help poor people that help the middle class that promote jobs. that's what the president's been trying to do. that's what he's calling for in saying that the wealthy should pay their fair share. it'd be nice of some of these moderate thinkers or new thinkers like jindal actually held the republicans who are in power to task a little more instead of kicking the last guy down the road. >> you tweeted this,...
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i guess -- oh, you always ask that question except to mitch mcconnell. ♪ [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunger.org. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run into problems -- mainly other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your first accident, and new car replacement, where if you total your new car, we give you the money for a new one. call... to talk to an insurance expert about everything else that comes standard with our base auto policy. [ tires squeal ] and if you get into an accident and use one of our certified repair shops, your repairs are guaranteed for life. call... to switch,
i guess -- oh, you always ask that question except to mitch mcconnell. ♪ [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunger.org. [ "the odd couple" theme playing ] humans. even when...